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How a $105M Fake Fleet Scheme Fooled 700+ Investors | WHAT THE TRUCK?!? artwork

How a $105M Fake Fleet Scheme Fooled 700+ Investors | WHAT THE TRUCK?!?

FreightCasts

September 28, 2026

On this episode of WHAT THE TRUCK?!?, Malcolm Harris and Michael Vincent dig into a busy week in freight, from trucking investment fraud and cargo theft to the future of brokerage and autonomous trucking.

Speakers Malcolm Harris, Michael Vincent, Bill Cooper

TopicsBusiness NewsNewsDaily News

Malcolm Harris (0:30)

This is a edition of What The Truck. My name is Malcolm Harris. For those that do not know, it is good to see you. I'm not as hyped today because I, believe it or not, cannot hear. I wanted to let production know.

I can't hear on my side. It's all good, though, because we're gonna keep moving, shaking and baking, because I'm pretty sure I can make out what Mr. Michael Vincent is saying. So with that, Mike, hello, sir. How's it going?

Michael Vincent (0:58)

I'm doing great.

Malcolm Harris (1:00)

This is gonna be crazy. I'm trying to guess as best as possible. If I could guess what Mike is saying, he was probably like, doing good, my brother.

Michael Vincent (1:09)

I'm doing good.

Malcolm Harris (1:09)

That's exactly what he said. So I'm getting a box right now from Frazier. Thank you, Frazier, I appreciate it.

Michael Vincent (1:16)

Wow, this is crazy, man. There it is. Just like that. Am I in?

Malcolm Harris (1:21)

Yeah, you're in.

Michael Vincent (1:24)

Everything is fantastic, dude. I mean, the football gods made everything right this weekend with Michigan.

That was fantastic. I loved to see Iowa with a no time left on the clock, score a touchdown to beat them. That was fantastic. Did you see that, bro?

Malcolm Harris (1:44)

Fantastic, man. Nah, the football gods did not shine on me this week as unfortunately the Texas Longhorns are in fact the real UT, which is unfortunate.

Michael Vincent (1:57)

I don't know about that. I don't know what.

I don't know whatever.

But I will tell you this. UT, not UT. They're both both UTs. But I watched a game where neither team wanted to win. It was like, what? No, you win. No, you go ahead. No, no, no. All right. We'll take. Well, maybe not. You guys go ahead. I was like, what? Did nobody want to win this game?

Malcolm Harris (2:19)

No, no, nobody wanted to win the game. Nobody wanted to win the game. It was crazy because I was like, man, I was like, guys, Tennessee was actually in position to get blown out in the first quarter. And then from there, they kept battling, kept fighting. And then in the fourth quarter with one second left, the last heat to the end zone. And yeah, unfortunately they didn't come through, but it is all right. It is all right. Better days ahead for the Tennessee Faithful.

Michael Vincent (2:43)

Arch Manning went, wait a minute. I'm really, I'm not this good.

Dude is like up, down. He like realized, wait a minute, I'm Arch Manning. Oh yeah, I'm not that good. It's weird, man. It's weird. Anyways, yeah. It was a good weekend, dude. I had a great weekend. And I am very, very happy for today.

Malcolm Harris (3:04)

No, I'm looking forward to today too, because we got a-

Michael Vincent (3:05)

Bill Cooper's in the house, dude.

Malcolm Harris (3:07)

You say what?

Michael Vincent (3:09)

Bill Cooper's in the house.

Malcolm Harris (3:12)

He is in the house in fact, man. I'm still having audio issues. It's like very faint. It's like I can hear, but it's just like extremely low.

Michael Vincent (3:21)

Should I yell louder?

Malcolm Harris (3:24)

It might be me at this point. I don't know, but we'll figure it out. But I can make out what you're saying. So it's all good. Let's look at on deck and see who we have here on the show today because we have an incredible guest. He is here in studio, Mr. Bill Cooper, man. That was Bill. He is Maine's finest. He is the Vice President of Sales at Kooner Fleet Management Solutions. It's just us and Bill today and I'm excited to speak with him. All right. So he's going to be talking about, of course, as you guys know, fleet maintenance. All right. So he has two decades in fleets, payments, technology, and he's got a lot to say about becoming the real battleground in a market where every dollar matters. All right. So we're going to get into the cost of a truck sitting still while mobile and on-site repair is turning into a strategic advantage instead of just a convenience and why so many fleets still struggle to execute preventative maintenance at a high level, even when everyone agrees that it matters. All right. So I'm really excited to talk. With Bill in the studio, he's looking dapper. He has the vest. He's ready to go.

But before we get to him, all right, you guys know what we do here at What The Truck? We got to pay the bills and we got to pay them on time. All right. That's the making of a good organization. All right. With that, I want to give a special shout out to a guy who was on the show last Friday. Had a fantastic time with this guy, didn't we, Mike? He goes by the name of Andrew Weimer.

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